Subordination of B Notes. Each B Note and the right of each Note B Holder to receive payments with respect to its respective B Note shall, subject to the provisions of this Agreement, at all times be junior, subject and subordinate to each A Note and the rights of each Note A Holder to receive payments with respect to its respective A Note.
Appears in 33 contracts
Samples: Co Lender Agreement (Benchmark 2022-B32 Mortgage Trust), Co Lender Agreement (Bank 2022-Bnk39), Co Lender Agreement (Bank 2021-Bnk38)
Subordination of B Notes. Each The B Note Notes and the right rights of each the Note B Holder Holders to receive payments of interest, principal and other amounts with respect to its respective the B Note shall, subject to the provisions of this Agreement, Notes shall at all times be junior, subject and subordinate to each A Note Notes and the rights of each the Note A Holder Holders to receive payments of interest, principal and other amounts with respect to its respective the A NoteNotes as and to the extent set forth herein.
Appears in 7 contracts
Samples: Amended And (Bank5 2023-5yr3), Agreement Between Noteholders (BBCMS Mortgage Trust 2023-C21), Amended And (BMO 2023-C6 Mortgage Trust)